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Wages And The Intensity Of Labor Effort
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Book Synopsis Worker Satisfaction and Economic Performance by : Morris Altman
Download or read book Worker Satisfaction and Economic Performance written by Morris Altman and published by Routledge. This book was released on 2020-12-14 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book challenges some of the fundamental tenets of "free market" economics that have had a profound impact on public policy and the plight of the American worker. These include the beliefs that high wages inevitably mean low profits; that a "free" market will automatically reduce discrimination and pay inequality; that anti-trust legislation hinders competitive market forces; and that minimum wage laws and trade unions negatively impact the economy.Using both theoretical analysis and real-life examples, the author shows that these myths are a product of unrealistic behavioral assumptions on the part of "free market" economists about the typical worker. In fact, as the author makes clear, the level of workers' satisfaction with their jobs, as a reflection of how well they are paid and treated by their employers, has a direct impact on the quality level of the products they produce and, inevitably, the economic performance of the firms.
Book Synopsis The Impact of International Trade on Wages by : Robert C. Feenstra
Download or read book The Impact of International Trade on Wages written by Robert C. Feenstra and published by University of Chicago Press. This book was released on 2008-04-15 with total page 420 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the early 1980s, the U.S. economy has experienced a growing wage differential: high-skilled workers have claimed an increasing share of available income, while low-skilled workers have seen an absolute decline in real wages. How and why this disparity has arisen is a matter of ongoing debate among policymakers and economists. Two competing theories have emerged to explain this phenomenon, one focusing on international trade and labor market globalization as the driving force behind the devaluation of low-skill jobs, and the other focusing on the role of technological change as a catalyst for the escalation of high-skill wages. This collection brings together innovative new ideas and data sources in order to provide more satisfying alternatives to the trade versus technology debate and to assess directly the specific impact of international trade on U.S. wages. This timely volume offers a thorough appraisal of the wage distribution predicament, examining the continued effects of technology and globalization on the labor market.
Book Synopsis Efforts and Wages by : Edward E. Leamer
Download or read book Efforts and Wages written by Edward E. Leamer and published by . This book was released on 1998 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: We provide evidence that US workers face a wage-effort offer curve with the high-wage high-effort jobs occurring in the capital intensive sectors. We find that real wage offers rose at every level of effort during the 1960's, a shift which is consistent with a decline in the rental cost of capital. During the 1970's, when relative prices of labor-intensive goods declined, the wage-effort offer curve twisted, offering lower pay for the low-paid jobs in the labor-intensive sectors but higher pay for the high-paid jobs in the capital-intensive sectors. In the 1980's, workers at every wage level began to work more hours for the same weekly wage. This we loosely attribute either to the increasing cost of non-wage benefits, especially health care, or to the introduction of new equipment. In studying the wage-effort offer curve rate of unionization, education, and rent sharing.
Book Synopsis Karl Marx's Economics by : John Cunningham Wood
Download or read book Karl Marx's Economics written by John Cunningham Wood and published by Taylor & Francis. This book was released on 1993 with total page 524 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Modern Labor Economics by : Ronald G. Ehrenberg
Download or read book Modern Labor Economics written by Ronald G. Ehrenberg and published by Routledge. This book was released on 2016-04-20 with total page 684 pages. Available in PDF, EPUB and Kindle. Book excerpt: For one-semester courses in labor economics at the undergraduate and graduate levels, this book provides an overview of labor market behavior that emphasizes how theory drives public policy. Modern Labor Economics: Theory and Public Policy, Twelfth Edition gives students a thorough overview of the modern theory of labor market behavior, and reveals how this theory is used to analyze public policy. Designed for students who may not have extensive backgrounds in economics, the text balances theoretical coverage with examples of practical applications that allow students to see concepts in action. Experienced educators for nearly four decades, co-authors Ronald Ehrenberg and Robert Smith believe that showing students the social implications of the concepts discussed in the course will enhance their motivation to learn. As such, the text presents numerous examples of policy decisions that have been affected by the ever-shifting labor market. This text provides a better teaching and learning experience for you and your students. It will help you to: Demonstrate concepts through relevant, contemporary examples: Concepts are brought to life through analysis of hot-button issues such as immigration and return on investment in education. Address the Great Recession of 2008: Coverage of the current economic climate helps students place course material in a relevant context. Help students understand scientific methodology: The text introduces basic methodological techniques and problems, which are essential to understanding the field. Provide tools for review and further study: A series of helpful in-text features highlights important concepts and helps students review what they have learned.
Book Synopsis Labor Markets and Employment Relationships by : Joyce Jacobsen
Download or read book Labor Markets and Employment Relationships written by Joyce Jacobsen and published by John Wiley & Sons. This book was released on 2008-04-15 with total page 586 pages. Available in PDF, EPUB and Kindle. Book excerpt: This innovative text grounds the economic analysis of labor markets and employment relationships in a unified theoretical treatment of labor exchange conditions. In addition to providing thorough coverage of standard topics including labor supply and demand, human capital theory, and compensating wage differentials, the text draws on game theory and the economics of information to study the implications of key departures from perfectly competitive labor market conditions. Analytical results are consistently applied to contemporary policy issues and empirical debates. Provides a coherent theoretical framework for the analysis of labor market phenomena Features graphical in-chapter analysis supplemented by technical material in appendices Incorporates numerous end-of-chapter questions that engage the analysis and anticipate subsequent results Includes innovative chapters on employee compensation methods, market segmentation, income inequality and labor market dynamics Balances theoretical, empirical and policy analysis
Download or read book Southern Economic Journal written by and published by . This book was released on 1999 with total page 528 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Where's the ‘Human’ in Human Resource Management? by : Michael Gold
Download or read book Where's the ‘Human’ in Human Resource Management? written by Michael Gold and published by Policy Press. This book was released on 2022-09-06 with total page 470 pages. Available in PDF, EPUB and Kindle. Book excerpt: Drawing on case studies from the UK, Ireland, US and Australia, this book addresses the major workplace challenges of HRM today to create a textbook for the 21st century.
Book Synopsis The Future of Economics by : Alexander J. Field
Download or read book The Future of Economics written by Alexander J. Field and published by Routledge. This book was released on 2020-03-10 with total page 545 pages. Available in PDF, EPUB and Kindle. Book excerpt: Originally published under the title The Future of Economic History, this book attempts to chart a new course for the intellectual discipline known as economic history and determine its contributions to the study of economics. The authors suggest new and potentially fruitful areas and approaches for research and at the same time analyze the weaknesses in past efforts to chart a course for the future.
Book Synopsis Transformational Growth and Effective Demand by : Edward J. Nell
Download or read book Transformational Growth and Effective Demand written by Edward J. Nell and published by Springer. This book was released on 1991-12-01 with total page 698 pages. Available in PDF, EPUB and Kindle. Book excerpt: A collection of essays which develop Professor Nell's economic theory of transformational growth. The author's previous titles include "Free Market Conservatism: A Critique of Theory and Practice" and "Beyond the Steady State: A Revival of Growth Theory".
Book Synopsis Conceptualizing the Ubiquity of Informal Economy Work by : Errol D’Souza
Download or read book Conceptualizing the Ubiquity of Informal Economy Work written by Errol D’Souza and published by Springer Nature. This book was released on 2020-08-26 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a framework to understand the disregarded aspect of emerging market growth which is informal employment. Informal employment in unregistered enterprises or of workers without employment contracts or social protection contributions constitutes 88 per cent of employment in India and is a ubiquitous feature of the economy. A large proportion of informal employment (86 per cent) is self-employment and this category of employment has been neglected in the literature on work and development which has focused instead on wage employment that is a contract for work with another person or enterprise. Another striking feature of such economies which the book engages with is that, as they have liberalized, informal employment in the registered enterprises or formal part of the economy has grown. The informal sector has been analyzed by recourse to two major approaches. One is a public economics framework that underlines how informal enterprises evolve as they trade-off reduced access to public services such as contract enforcement with the payment of taxes and regulatory compliances. This book extends this literature by focusing on the access to formal sector credit and its potential for financing productive enterprises as a factor that is considered when an enterprise contemplates whether to incorporate or not. The second leg of the literature takes a labour perspective and emphasizes mandated labour costs such as hiring and firing costs, benefits, and minimum wages as considerations when deciding on whether to engage labour on a formal or informal basis. The book broadens this literature by taking into account how the human capital of workers and the monitoring costs of ensuring that workers are adhering to the terms of negotiated contracts inform the decision with regard to informality. The book will resonate with those academics and policy makers who are engaged with the conundrums of development.
Book Synopsis Problems of Labour and Inflation by : Hilde Behrend
Download or read book Problems of Labour and Inflation written by Hilde Behrend and published by Routledge. This book was released on 2016-04-20 with total page 231 pages. Available in PDF, EPUB and Kindle. Book excerpt: The essays in this book, originally published in 1984, examine many problems within the structure of industry including wage policies, financial incentives and other economic policies. The book discusses the problems from two standpoints: that of the economist who is concerned with labour as a resource and the psychologist concerned with the behavioural activity of the labour force. This inter-disciplinary approach ensures the relevance of the essays to social scientists, managers and policy-makers.
Book Synopsis Unemployment and Female Labour by : Guy Standing
Download or read book Unemployment and Female Labour written by Guy Standing and published by Springer. This book was released on 1981-06-18 with total page 377 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Work and Pay in Japan by : Robert A. Hart
Download or read book Work and Pay in Japan written by Robert A. Hart and published by Cambridge University Press. This book was released on 1999-08-05 with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a comprehensive overview of Japanese labour market institutions and practices with respect to employment issues and labour payments. It contains extensive discussion of the effects of industrial relations, small business activity, business cycles and schooling on work and pay. An early chapter is devoted to presenting, in an accessible manner, essential labour market ideas and concepts that recur throughout the text. Important topics covered include (i) unions and wage determination, (ii) the breakdown of total labour costs, (iii) the Japanese bonus system, (iv) the employment life-cycle, (v) small businesses and subcontracting, (vi) pay and productivity over the business cycle. A key feature is that subject areas and themes are examined within a comparative United States/European framework. This allows assessments of whether or not the structure and performance of the Japanese labour market has differed from experience elsewhere.
Book Synopsis The Economic Nature of the Firm by : Louis Putterman
Download or read book The Economic Nature of the Firm written by Louis Putterman and published by Cambridge University Press. This book was released on 1996-01-26 with total page 404 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book brings together selections from the most influential writings on the internal economic organisation of business firms.
Book Synopsis New Labour/hard labour? by : Mooney, Gerry
Download or read book New Labour/hard labour? written by Mooney, Gerry and published by Policy Press. This book was released on 2007-10-10 with total page 313 pages. Available in PDF, EPUB and Kindle. Book excerpt: There are an increasing number of studies devoted to an examination of New Labour's social policies. However, thus far there has been little in the way of substantive discussion of opposition to and conflict around key elements of New Labour's agenda for the welfare state and public sector, from those who are involved in the frontline implementation and delivery of welfare policies. Since the mid to late 1990s, there have been continual and recurring episodes of industrial action of various kinds involving social workers, teachers, lecturers, nurses, hospital ancillary staff, nursery nurses, home helps and local authority librarians among others. Welfare delivery has become a central point of industrial relations disputes in the UK today. This book provides the first critically informed discussion of work and workers in the UK welfare sector under New Labour. It examines the changing nature of work and explores the context of industrial relations across the welfare industry. While the main focus is on the workforce in state welfare, this is set within the context of recent and current shifts in the mixed economy of welfare between state, private and third sector organisations.
Book Synopsis The Economics of the Modern Construction Sector by : G. Ive
Download or read book The Economics of the Modern Construction Sector written by G. Ive and published by Springer. This book was released on 2000-07-31 with total page 293 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book will be of interest to built environment professionals and to students of the economics and management of the built environment. It shows the value of integrating ideas and data about the production of the built environment as an industrial process with theories and data about the demand for construction. The approach taken is institutional and post-Keynesian, and illuminates an important and distinctive sector of the economy, embracing design, construction and property industries. This book offers some new and important perspectives for research and teaching in construction economics and management.
